This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research due to its structural properties, which make it a potential candidate for drug development. It is often explored for its activity in modulating neurological pathways, particularly as a ligand for receptors in the central nervous system. Researchers investigate its potential in treating neurological disorders such as depression, anxiety, or pain management. Additionally, its stereochemistry allows for selective interactions with biological targets, making it valuable in the synthesis of chiral drugs. It may also serve as an intermediate in the preparation of more complex pharmaceutical compounds.